WTI Oil Forecast for 2019 and 2020

2017/01/17. North American WTI oil price forecast for 2019-2020.

It's a continuation of the WTI oil forecast for 2017-2018.

WTI oil price forecast for February 2019.
The forecast for beginning of February 66.09. Maximum price 76.33, while minimum 62.45. Averaged oil price for month 68.57. Oil price at the end 69.39, change for February 4.99%.

Crude oil price forecast for March 2019.
The forecast for beginning of March 69.39. Maximum price 80.15, while minimum 65.57. Averaged oil price for month 71.99. Oil price at the end 72.86, change for March 5.00%.

WTI oil price forecast for April 2019.
The forecast for beginning of April 72.86. Maximum price 84.15, while minimum 68.85. Averaged oil price for month 75.59. Oil price at the end 76.50, change for April 5.00%.

Crude oil price forecast for May 2019.
The forecast for beginning of May 76.50. Maximum price 88.36, while minimum 72.30. Averaged oil price for month 79.37. Oil price at the end 80.33, change for May 5.01%.

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WTI oil price forecast for June 2019.
The forecast for beginning of June 80.33. Maximum price 92.79, while minimum 75.91. Averaged oil price for month 83.35. Oil price at the end 84.35, change for June 5.00%.

Crude oil price forecast for July 2019.
The forecast for beginning of July 84.35. Maximum price 94.88, while minimum 77.63. Averaged oil price for month 85.78. Oil price at the end 86.25, change for July 2.25%.

WTI oil price forecast for August 2019.
The forecast for beginning of August 86.25. Maximum price 99.62, while minimum 81.50. Averaged oil price for month 89.48. Oil price at the end 90.56, change for August 5.00%.

Crude oil price forecast for September 2019.
The forecast for beginning of September 90.56. Maximum price 97.03, while minimum 79.39. Averaged oil price for month 88.80. Oil price at the end 88.21, change for September -2.59%.

WTI oil price forecast for October 2019.
The forecast for beginning of October 88.21. Maximum price 94.14, while minimum 77.02. Averaged oil price for month 86.24. Oil price at the end 85.58, change for October -2.98%.

Crude oil price forecast for November 2019.
The forecast for beginning of November 85.58. Maximum price 95.84, while minimum 78.42. Averaged oil price for month 86.74. Oil price at the end 87.13, change for November 1.81%.

WTI oil price forecast for December 2019.
The forecast for beginning of December 87.13. Maximum price 96.79, while minimum 79.19. Averaged oil price for month 87.78. Oil price at the end 87.99, change for December 0.99%.

Table. WTI Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2019 February 66.09 76.33 62.45 69.39 68.57 4.99% 28.76%
2019 March 69.39 80.15 65.57 72.86 71.99 5.00% 35.20%
2019 April 72.86 84.15 68.85 76.50 75.59 5.00% 41.96%
2019 May 76.50 88.36 72.30 80.33 79.37 5.01% 49.06%
2019 June 80.33 92.79 75.91 84.35 83.35 5.00% 56.52%
2019 July 84.35 94.88 77.63 86.25 85.78 2.25% 60.05%
2019 August 86.25 99.62 81.50 90.56 89.48 5.00% 68.05%
2019 September 90.56 97.03 79.39 88.21 88.80 -2.59% 63.69%
2019 October 88.21 94.14 77.02 85.58 86.24 -2.98% 58.80%
2019 November 85.58 95.84 78.42 87.13 86.74 1.81% 61.68%
2019 December 87.13 96.79 79.19 87.99 87.78 0.99% 63.28%
2020 January 87.99 91.95 75.23 83.59 84.69 -5.00% 55.11%
2020 February 83.59 92.82 75.94 84.38 84.18 0.95% 56.58%
2020 March 84.38 88.18 72.14 80.16 81.22 -5.00% 48.75%
2020 April 80.16 91.52 74.88 83.20 82.44 3.79% 54.39%
2020 May 83.20 96.10 78.62 87.36 86.32 5.00% 62.11%
2020 June 87.36 100.85 82.51 91.68 90.60 4.95% 70.12%
2020 July 91.68 98.33 80.45 89.39 89.96 -2.50% 65.87%
2020 August 89.39 93.41 76.43 84.92 86.04 -5.00% 57.58%
2020 September 84.92 88.75 72.61 80.68 81.74 -4.99% 49.71%
2020 October 80.68 90.17 73.77 81.97 81.65 1.60% 52.11%
2020 November 81.97 93.67 76.64 85.15 84.36 3.88% 58.01%
2020 December 85.15 88.98 72.80 80.89 81.96 -5.00% 50.10%
2021 January 80.89 93.42 76.44 84.93 83.92 4.99% 57.60%
2021 February 84.93 88.75 72.61 80.68 81.74 -5.00% 49.71%

Crude oil price forecast for January 2020.
The forecast for beginning of January 87.99. Maximum price 91.95, while minimum 75.23. Averaged oil price for month 84.69. Oil price at the end 83.59, change for January -5.00%.

Oil Price Today.

WTI Oil Price Forecast For Tomorrow and This Week.

WTI oil price forecast for February 2020.
The forecast for beginning of February 83.59. Maximum price 92.82, while minimum 75.94. Averaged oil price for month 84.18. Oil price at the end 84.38, change for February 0.95%.

Crude oil price forecast for March 2020.
The forecast for beginning of March 84.38. Maximum price 88.18, while minimum 72.14. Averaged oil price for month 81.22. Oil price at the end 80.16, change for March -5.00%.

 

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